6 d. ago Trump tariffs affect ag industry, including exempt products: CFA

While Canada was spared from Trump's 'Liberation Day' tariffs, the instability has caused stress among producers across the country.

Economics

7 d. ago S&P/TSX composite down almost 200 points Monday, U.S. stock markets tumble

TORONTO — Canada’s main stock index was down almost 200 points Monday in a broad-based decline after the long weekend, while U.S. stock markets also fell amid ongoing tariff concerns and U.S. President Donald Trump’s latest criticism of the head of the Federal Reserve. “We actually saw a pretty nice jump on some things last […]

Economics

7 d. ago S&P/TSX composite down more than 200 points, U.S. stock markets also tumble

TORONTO — Canada’s main stock index was down more than 200 points Monday in a broad-based decline, while U.S. stock markets also fell in late-morning trading amid concerns over President Donald Trump’s latest criticism of the central bank. The S&P/TSX composite index was down 228.99 points at 23,963.82. In New York, the Dow Jones industrial […]

Economics

2 w. ago Trump’s Tariff Rationale Challenged in Suit by Small Companies

Several small US businesses sued President Donald Trump over his “Liberation Day” tariffs in the latest legal challenge to his use of sweeping executive powers to extract concessions from foreign trade partners.

Economics

2 w. ago Dave Chappelle’s scorching prediction on Trump’s policies resurfaces amid trade war

An eerie take from Dave Chappelle has emerged as stock markets tumble, and tariffs and retaliations mount as U.S. President Donald Trump brought his trade war to the world. In 2017, the comedian joked about Trump’s handling of international relations, calling them “high people ideas.” On April 2, Trump placed a 34% increase on China […]

Economics

3 w. ago Mideast stock markets tumble as US tariffs and low oil prices squeeze energy

DUBAI, United Arab Emirates (AP) — Middle East stock markets tumbled Monday as they struggled with the dual hit of the United States’ new tariff policy and a sharp decline in oil prices, squeezing energy-producing nations that rely on those sales to power their economies and government spending. Benchmark Brent crude is down by nearly […]

Economics

3 w. ago Australia Says Global Chaos a Result of US’s ‘Bad Decisions’

Australian Treasurer Jim Chalmers has blamed “bad decisions” on tariffs for stock markets tumbling around the world, even as his department forecasts only minor impacts on domestic economic growth and inflation.

Other

3 w. ago The Terror of Trump's Tariffs: What does it all mean for Ottawa?

"We're going to have to make an adjustment," says Kichesippi Beer Co. owner Paul Meek in response to tariffs U.S. president Donald Trump imposed on "Liberation Day."

Economics

3 w. ago China imposes 34% tariff on imports of all U.S. products starting April 10

BEIJING — China announced Friday that it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following U.S. President Donald Trump’s “Liberation Day” slate of double-digit tariffs. The new tariff matches the rate of the U.S. “reciprocal” tariff of 34% on Chinese exports […]

Economics

3 w. ago B.C. premier to speak live following Donald Trump’s ‘Liberation Day’ tariffs

On Wednesday, U.S. President Donald Trump unveiled a minimum 10 per cent baseline tariff on imports from most countries, not including Canada and Mexico.

Economics

3 w. ago BREAKING: Stock markets in Canada and U.S. tumble after tariff announcement

Stock markets in Canada and the U.S. plunged at the start of trading following the announcement of U.S. President Donald Trump’s latest tariff plan. The S&P/TSX composite index was down 616.25 points at 24,690.93. In New York, the Dow Jones industrial average was down 1,105.78 points at 41,119.54. The S&P 500 index was down 181.56 […]

Economics

3 w. ago LILLEY: No new tariffs from Trump a hit to Carney’s campaign

It’s not quite a presidential pardon, but we could call it a reprieve. Canada didn’t get any additional tariffs as U.S. President Donald Trump celebrated what he called “Liberation Day.” Trump has been talking about new tariffs on Canada for months; he even went on a rant during his Rose Garden ceremony about how he […]

Economics

3 w. ago B.C. exhales for now as it escapes additional tariffs on Trump's 'Liberation Day'

Canada is still being charged 25 per cent tariffs on steel, aluminum and non-USMCA goods, and is facing a similar level of tariffs on automobiles.

Economics

3 w. ago ’Liberation Day’: A timeline of Donald Trump’s trade war with Canada

For over a year before the November 2024 presidential election, Donald Trump had been signalling plans to impose across-the-board tariffs if he won the United States presidency.  Trump was elected on Nov. 5, and it’s been a roller-coaster ever since for Canadian leaders and businesses. He has threatened, enacted, modified and delayed multiple rounds of […]

Economics

3 w. ago Trump set to announce ’reciprocal’ tariffs in move that could reshape U.S. economy

WASHINGTON — After weeks of White House hype and public anxiety, President Donald Trump is set on Wednesday to announce a barrage of self-described reciprocal tariffs on friend and foe alike. The new tariffs, coming on what Trump has called “Liberation Day,” are a bid to boost U.S. manufacturing and punish other countries for what […]

Economics

3 w. ago State of economywide tariffs on Canada unclear as Trump’s global trade war escalates

WASHINGTON — As U.S. President Donald Trump prepares to unveil his so-called “liberation day” plan to hit multiple countries with tariffs, it’s still not clear whether a temporary pause on separate economywide duties on Canada will be lifted. In early March, Trump imposed — then partially paused — 25 per cent across-the-board tariffs, with a […]

Economics

3 w. ago Trump set to unveil ‘reciprocal’ tariffs on ‘Liberation Day’

Canada is bracing for a fresh round of U.S. tariffs as the trade war launched by President Donald Trump continues to dominate the federal election campaign.

Economics

3 w. ago Here’s a reality check on Trump’s potential ‘Liberation Day’ trade beefs with Canada

While some issues have long caused friction, much of what the U.S. president says doesn't stand up to fact checking

Economics

3 w. ago B.C. border crossings plummet over spring break as Trump’s ‘Liberation Day’ looms

According to border crossing data, on the first day of spring break in 2024, 10,117 vehicles crossed at the southbound Peace Arch border crossing into the U.S.

Other

3 w. ago Europe says it holds alot of trade cards on eve of Trump’s tariff ’Liberation Day’

BRUSSELS — A top European Union official warned the U.S. on Tuesday that the world’s biggest trade bloc “holds a lot of cards” when it comes to dealing with the Trump administration’s new tariffs and has a good plan to retaliate if forced to. U.S. President Donald Trump has promised to roll out taxes on […]

Economics